ispace ¥17.6bn public offering and concurrent placement
ispace raised about ¥17.6bn in a public offering with a concurrent strategic placement to fund Missions 3 and 4, planned for 2027 and 2028.
- Company
- ispace
- Type
- Equity raise
- Status
- Completed
- Date
- 21 Oct 2025
- Value
- JPY 17.59bn
- US$ equivalent
- US$117m
- Value basis
- ¥8.99bn public offering (19,220,000 shares at ¥468, domestic and international) plus ¥8.60bn concurrent placement of 18,375,800 shares at ¥468; a further ¥1.14bn over-allotment top-up paid 13 Nov 2025
- Region
- Japan
- Segment
- Listed equity
Parties
- ispace issuer
- JICVGI Opportunity Fund No. 1 investor
- Takasago Thermal Engineering investor
- Kurita Water Industries investor
- Development Bank of Japan investor
Key terms
- Offer price
- ¥468 (¥443.04 paid in per public offering share)
- Placement
- JICVGI Opportunity Fund No. 1 and Takasago Thermal Engineering 6,410,200 shares each; Kurita Water 4,273,500; Development Bank of Japan 1,068,300; Tohru Akaura 213,600
- Over-allotment
- 2,583,000 shares, ¥1.14bn, paid 13 Nov 2025
- Use of proceeds
- Missions 3 and 4 and a stronger cash reserve
Sources
- ispace TDnet notice: issuance of new shares through public offering and third-party allotment d2xlcgjnpyakn4.cloudfront.net · 6 Oct 2025
- ispace TDnet notice: determination of issue price and selling price d2xlcgjnpyakn4.cloudfront.net · 15 Oct 2025
- ispace TDnet notice: number of shares issued through third-party allotment (over-allotment) d2xlcgjnpyakn4.cloudfront.net · 10 Nov 2025
Record ORB-INV-2025-0029. Investments are kept apart from the financings register and never counted in debt totals.
